Renovite Technologies outlines Fintech Skills Academy plans

Plans for a Fintech Skills Academy in Fife have been outlined to a Scottish Government minister by bosses at upcoming fintech firm Renovite Technologies.

Bosses at the Dunfermline-based business - which is creating 28 new jobs thanks to a £250k Regional Selective Assistance grant from Scottish Enterprise - fleshed out the proposals as they met local MSP Shirley-Anne Somerville. Fife named UK's most enterprising region.

Renovite set up the Fintech Skills Academy along with Fife College and Fintech Scotland last month but it is due to open its doors at the college early next year. Its syllabus will include specialist courses on payments software.

Thanks to the RSA grant in August, Renovite is also set to triple the number of staff it employs.

Jim Tomaney, chief operating officer, at Renovite said: "It’s been a good year for us and we are looking forward to taking on a healthy number of new staff in the months ahead.

“In September, we launched Scotland’s first ‘Fintech Skills Academy’ with Fife Council and Fintech Scotland which will be kicking-off in Fife College early next year.”